Head to Head Contrast: Greenwave Technology Solutions (GWAV) and The Competition

Greenwave Technology Solutions (NASDAQ:GWAV) is one of 354 public companies in the “Commercial Services & Supplies” industry, but how does it weigh in compared to its rivals? We will compare Greenwave Technology Solutions to related businesses based on the strength of its profitability, earnings, analyst recommendations, risk, dividends, institutional ownership and valuation.

Valuation and Earnings

This table compares Greenwave Technology Solutions and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Greenwave Technology Solutions	$46.66 million	-$21.60 million	-0.13
Greenwave Technology Solutions Competitors	$2.45 billion	$139.27 million	25.82

Greenwave Technology Solutions’ rivals have higher revenue and earnings than Greenwave Technology Solutions. Greenwave Technology Solutions is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

Greenwave Technology Solutions has a beta of 0.15, meaning that its share price is 85% less volatile than the S&P 500. Comparatively, Greenwave Technology Solutions’ rivals have a beta of 2.44, meaning that their average share price is 144% more volatile than the S&P 500.

Profitability

This table compares Greenwave Technology Solutions and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Greenwave Technology Solutions	-33.19%	-60.95%	-31.64%
Greenwave Technology Solutions Competitors	-60.98%	-122.77%	-1.37%

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Greenwave Technology Solutions and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenwave Technology Solutions	1	0	0	0	1.00
Greenwave Technology Solutions Competitors	1810	6088	8963	655	2.48

As a group, “Commercial Services & Supplies” companies have a potential upside of 10.26%. Given Greenwave Technology Solutions’ rivals stronger consensus rating and higher possible upside, analysts plainly believe Greenwave Technology Solutions has less favorable growth aspects than its rivals.

Insider & Institutional Ownership

15.6% of Greenwave Technology Solutions shares are held by institutional investors. Comparatively, 39.5% of shares of all “Commercial Services & Supplies” companies are held by institutional investors. 4.0% of Greenwave Technology Solutions shares are held by insiders. Comparatively, 16.7% of shares of all “Commercial Services & Supplies” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Greenwave Technology Solutions rivals beat Greenwave Technology Solutions on 11 of the 13 factors compared.

About Greenwave Technology Solutions

Greenwave Technology Solutions, Inc., through its subsidiary, operates metal recycling facilities in Virginia, Ohio, and North Carolina. The company collects, classifies, and processes appliances, construction materials, end-of-life vehicles, boats, and industrial machinery. It is also involved in the purchasing and sale of processed and unprocessed scrap metals; and operation of automotive shredders. In addition, the company process nonferrous metals, such as aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed metal products; and sells catalytic converters recovered from end-of-life vehicles to processors that extracts nonferrous precious metals comprising platinum, palladium, and rhodium. It serves large corporations, industrial manufacturers, retail customers, and government organizations. The company was formerly known as MassRoots, Inc and changed its name to Greenwave Technology Solutions, Inc. in October 2021. Greenwave Technology Solutions, Inc. was founded in 2002 and is headquartered in Chesapeake, Virginia.